Beijing SinoHytec Balance Sheet Health
Financial Health criteria checks 5/6
Beijing SinoHytec has a total shareholder equity of CN¥3.1B and total debt of CN¥849.5M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are CN¥5.0B and CN¥1.9B respectively.
Key information
27.4%
Debt to equity ratio
CN¥849.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.29b |
| Equity | CN¥3.10b |
| Total liabilities | CN¥1.88b |
| Total assets | CN¥4.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2402's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 2402's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥242.1M).
Debt to Equity History and Analysis
Debt Level: 2402 has more cash than its total debt.
Reducing Debt: 2402's debt to equity ratio has increased from 7.6% to 27.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2402 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2402 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 19:30 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Beijing SinoHytec Co., Ltd. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Feng Ji | China International Capital Corporation Limited |
| Weichen Wu | Citic Securities Co., Ltd. |
| Tianyi Wang | CLSA |